## **Iqra Welfare Forum** **Iqra Welfare Forum Financial Statements For The Year Ended 30 November 2022** **Charity Registration Number 1164921** ## INDEX ## **1 Statement of Financial Activities** - **2 Balance Sheet** ## **3 - 6 Notes to the Financial Statements** ## **Iqra Welfare Forum** ## **Statement of Financial Activities** ## **For The Year Ended 30 November 2022** |**Notes**
**Incoming Resources:**
Donations and gifts
**2**
Tution fees
**3**
Grants Received
**4**
Investment income
**5**
Sundry income
**6**
**Total Income**
**Resources Expended:**
Management and administration
**7**
Professional fees
**8**
Finance cost
**9**
Promotional cost
**10**
**Total Expenditure**
Net movement in funds
for the year
Funds balances brought forward
at 01 Dec 2021
**14**
Fund balances carried forward
at 30 Nov 2022
**14**|**Unrestricted**
**Restricted**
**Total**
**Funds**
**Funds**
**2022**
**£**
**£**
**£**
70,597
-
70,597
-
-
-
-
-
-
-
-
-
-
-
-
**70,597**
**-**
**70,597**
75,897
-
75,897
-
-
-
-
-
-
-
-
-
**75,897**
**-**
**75,897**
(5,300)
-
(5,300)
-
-
-
-
**(5,300)**
**-**
**(5,300)**| |---|---| 3 ## **Iqra Welfare Forum** ## **Balance Sheet** |**As at 30 November 2022**
**Notes**
**Fixed Assets:**
Tangible assets
**11**
**Current assets:**
Debtors
**12**
Cash at bank and in hand
**Creditors:**
Amount falling due with one year
**13**
**Net current assets**
**Net assets**
**Funds**
**14**
Restricted Funds
Unrestricted Funds
**Total funds**|**£**
**£**
-
-
69,139
69,139
-
69,139
**69,139**
-
(5,300)
**(5,300)**
**2022**| |---|---| ## **Approved** By the management Committee on 02 Janaury 2026 and signed on its behalf by: Chairman General Secretary Treasurer 2 ## **Iqra Welfare Forum** ## **Notes to the Financial Statements** ## **For The Year Ended 30 November 2022** ## **1. Accounting policies** - 1.1 The Financial Statements have been prepared in accourdance with Company Law and applicable accounting standards and follow the recommendations in Statement of Recommended Practice: Accounting by Charities (SORP 2005). - 1.2 The income reflected on the Statement of Financial Activities in the year includes; - 1.2.1 resources from charitable activities - 1.2.2 services to the community 1.2.3 voluntary income - gifts - 1.2.4 investment income - 1.3 Restricted funds, as and when applicable, are to be used for specified purposes as required by the donor and expenditure which meets these criteria may be borne out of these funds. - 1.4 Other designated funds and other income received or genrated for the objects of the charity are available as general funds. - 1.5 Staff cost and overhead expenses are apportioned to the restricted funds and general purposes of the operational activities. - 1.6 Depriciation is provided on tangible assets at rates calculated to write off the cost of each asset over its estimated useful life. - 1.7 There has been no change in the accounting policies during the year. - 1.8 No taxation is provided within the financial statements as the Association is a registered charity. |**2. Donations and gifts**
Voluntary Organisations
Council grants
Tution fees
Salford Social Services|**2022**
**£**
70,597
-
-
-
**70,597**| |---|---| 3-6 ## **Iqra Welfare Forum** ## **Notes to the Financial Statements** ## **For The Year Ended 30 November 2022** ## **3. Service charges** |Service charges
Hire of hall
Translation/interpretation services
**Grants received**
National Lottery
Community funds
Nldc
Neighbourhood
**Investment income**
Interest received on cash deposits
**Sundry income**
Other income
**Management and administration**
Wages and NI contributions
Utility services
Insurance
Telephone
Repairs
Postage and stationery
Service Charges
Travel and transport
Equipment repairs
Security
Health & saftey
Rent
Advertising|-
-
-
**-**
-
-
-
-
**-**
-
**-**
-
**-**
23,758
11,345
-
40,794
-
-
-
-
-
-
-
-
**75,897**| |---|---| ## **4. Grants received** ## **5. Investment income** ## **6. Sundry income** ## **7. Management and administration** ## **8. Professional fees** 3-6 ## **Iqra Welfare Forum** ## **Notes to the Financial Statements** ## **For The Year Ended 30 November 2022** |Interpretation/Volunteers expenses
Audit and accountancy
Other
**9. Finance cost**
Bank charges
Depreciation
Bad Debts
**10. Promotional costs**
Festival celebration
Chreche expenses
Sundries
**11. Tangible fixed assets**
**Cost**
05 April 2021
Addittions
05 April 2022
**Depreciation**
05 April 2022
Charges for the year
05 April 2022
**Net book value**
05 April 2021
05 April 2022|**Equipment**
**Fixtures &**
**Fittings**
**£**
**£**
-
-
-
-
**-**
**-**
-
-
**-**
**-**
-
-
-
-
**-**
**-**|-
-
-
**-**
-
-
-
**-**
-
-
-
**-**
**Total**
**£**
-
-
-
**-**
-
**-**
-
-
**-**| |---|---|---| 3-6 ## **Iqra Welfare Forum** ## **Notes to the Financial Statements** ## **For The Year Ended 30 November 2022** ## **12. Debtors** Debtors for services - Others - **13. Creditors: amount falling due within one year** Loans - Other creditors - - ## **14. Analysis of fund balances between the net assets** **----- Start of picture text -----**
Restricted Unrestricted Total
£ £ £
- - -
Tangible fixed assets
Net current assets - - -
30 Nov 2021 - - -
30 Nov 2022 - - -
**----- End of picture text -----**
3-6